Sierra Madre Clarifies Private Placement
Financings
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NEWS RELEASE
SIERRA MADRE CLARIFIES PRIVATE PLACEMENT
August 5, 2020
Sierra Madre Developments Inc. (the “Company”) (TSXV: SMG.H) advises that, further to its
news release of August 4, 2020, the $1,000,000 non-brokered private placement financing
consisted of 16,666,667 post-consolidated common shares (not “Units”) of the Company at
$0.06 per share. No warrants were issued in connection with the financing.
ON BEHALF OF THE BOARD:
“Raymond Wladichuk”
Raymond Wladichuk, CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.